Indian markets are expected to open on a Positive note tracking the SGX Nifty and
its Asian peers.
US markets ended in the negative territory on Monday as late selling pushed the
markets down. Weaker earnings by drug companies pushed healthcare stocks down
while softer economic data also weighed in on the markets.
European shares got off to a weak start yesterday due to disappointment over the
G20 meeting failing to agree new measures to boost growth. However the markets
reversed direction as a decision by China’s Central Bank to resume its easing cycle
more than offset earlier disappointment.
Indian shares fell on Monday in a volatile trading session as investors were
disappointed over various tax proposals in the Union Budget. Weaker global cues
also dampened investor sentiment.

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